Bitcoin Hits Another ATH Again Again

Bitcoin has hit another record high shortly following its previous record high of “very high”. BTC topped out at 124, and Ether also saw massive gains; however, my own personal bank account did not.

Part of the reason for the boost is increased faith that the Fed will soon cut interest rates, continued buying, boosts from Trump, and me personally not buying any (I’m just bad luck that way).

Now, following these numerous successive ‘all-time highs’, Bitcoin ($BTC) has announced plans to permanently change its ticker to $ATH rather than having to write ATH every time. Just to make things easier for everyone.

“We keep saying ‘BTC has reached another ATH’. Let’s just combine the two. Think of the time we could save, seconds. Seconds!” commented Maurice Bitcoin (no relation), one of the main advocates for the change.

“I mean, we’ve had so many ATHs recently, it’s basically our name now, so let’s make it official! I changed my name, it’s not hard!”

Maurice might have a point. The boring, old, stale ‘BTC’ ticker may no longer reflect its status in the financial world, like, what does that even stand for?

Some traders have already started referring to BTC as ATH in their portfolios, to the confusion of many. Bitcoin? More like biATHcoin.

Regulatory hurdles remain, however, as changing a ticker symbol will require approval from various non-corporeal regulatory bodies. The U.S. Securities and Exchange Commission (SEC) has already commented on the proposed change with unbridled disgust, meaning that the process could take several decades to complete.

Additionally, the ATH ticker is already claimed by Athene Holding Ltd. and if I know Athene Holding Ltd. like I know Athene Holding Ltd., then I know that they won’t give up that name without a bloody, bloody fight. 

Should the ticker change not come through, various suggestions for other tickers include ‘OMG’, ‘$$$’, and if they allow more than three letters, ‘BITCOIN’.

Selfishly, I hope the name remains the same because if they do change it, I’ll have to go back and edit every article, including this one, which then won’t make any sense.

For more on this story, click here: Bitcoin Hits $123,000 ATH: Five Things You Can Buy With One $BTC